-
Voting opens in Alaska's annual Fat Bear Week
-
US-led Americas coalition backs sanctions against crime groups
-
MLS coach axed for telling female ref 'It's a man's game'
-
'Star Wars' fans and art lovers line up for new Lucas museum
-
US refuses to give Sudan's de facto leader visa for UN
-
Trump renames AI 'super intelligence' as leaders jostle over dangers
-
Man City hold Bayern to start Women's Champions League, Arsenal win late
-
Oil prices retreat as markets welcome US-Iran talks
-
Trump threatens Iran with 'hell' but reveals fresh talks
-
US refusing to give Sudan's de facto leader visa for UN: diplomatic sources, UN
-
Trump signs security deal with Greenland, Denmark at UN
-
Macron urges world to choose UN over 'law of the jungle'
-
Trump threatens Iran with 'hell' but unveils fresh talks
-
All-rounder Jacks stars as England beat Sri Lanka in 1st ODI
-
Chile's Atacama Desert blossoms with life after El Nino rains
-
Man City peg back Bayern to start Women's Champions League
-
Sri Lanka hands 220-year jail terms to 15 convicted of Easter bombings
-
Trump beats 'America first' drum at UN as allies tread carefully
-
Typhoon Dujuan leaves 7 dead in Japan from landslides, flooding: media
-
Snedeker backs Spaun for Ryder Cup after Presidents snub
-
Ganna and Borghini lead Italy to mixed relay gold at cycling worlds
-
French prosecutors probe secret filming of women with smart glasses
-
Drug cocktail killed former child star Hayden Panettiere: coroner
-
Trump renames AI "super intelligence," rejects international oversight
-
Moldova declares energy, water emergency
-
Trump rejects international regulation of AI
-
French Holocaust denier jailed for eight months
-
How is the EU approaching record fuel prices?
-
Oil prices slide, AI stock buzz fades
-
Sri Lanka's Colombage strikes on debut as England dismissed for 265 in first ODI
-
Trump threatens to 'annihilate' Iran in bombastic UN speech
-
Hurricane Polo strengthens to top category 5 off Mexico
-
Prada's skirts take centre stage as Milan Fashion Week begins
-
11 hurt as teen opens fire outside school in western Turkey
-
Quoin Pharmaceuticals Announces FDA Fast Track Designation for QRX003 for the Treatment of Peeling Skin Syndrome
-
UN chief says 'Big Oil' treats atmosphere as open sewer
-
Brazil's Flavio Bolsonaro turns scandal into poll gains
-
Tunisia says 2026 summer hottest on record
-
Republican senator seeks probe of Trump Jr Russian-funded wedding
-
England's Rashid out of Sri Lanka ODIs with hand injury
-
Memoir by Diana's brother goes on sale after rocking UK monarchy
-
Houthis accuse Saudi Arabia of deadly strikes as thousands flee
-
Newcomers South Korea face holders Italy in Davis Cup finals
-
Stocks climb as oil slides, AI buzz returns
-
Japan's Kojima sounds Marchand warning with Asian Games gold
-
India cricketers win in style as Afghan savours 'special' Games silver
-
England rugby star Pollock signs new Northampton deal
-
La Liga president hits out at Real Madrid refereeing 'conspiracy' claims
-
STARTRADER Expands Its Chinese Equity CFD Range with CXMT and Unitree Robotics
-
MEXC Launches “Real Stocks, Real Friends” with Rewards for Bringing Friends to Wall Street
Spain PM urges EU to 'reconsider' China EV tariffs plan
Spain's Prime Minister Pedro Sanchez said Wednesday the European Union should "reconsider" a plan to impose tariffs of up to 36 percent on Chinese electric cars, calling for a "compromise" between the economic powerhouses.
The European Commission, which oversees the bloc's trade policy, announced last month that it planned to levy five-year import duties of up to 36 percent on electric vehicles imported from China.
The following day, Beijing said it would launch a probe into EU subsidies of some dairy products exported to China.
"I have to be blunt and frank with you that we need to reconsider all of us, not only member states but also the Commission, our position towards this," Sanchez told journalists after being asked about the tariffs at a news conference near Shanghai.
"As I said before, we don't need another war, in this case a trade war," he added.
"I think that we need to build bridges between the European Union and China and from Spain.
"What we'll do is to be constructive, and to try to find a solution, a compromise between China and the European Commission."
Sanchez's visit has seen him meet top officials including President Xi Jinping and call for "dialogue and cooperation" with the world's second largest economy.
The trip comes against the backdrop of mounting trade tensions between the European Union and China, primarily over Beijing's subsidies for its electric vehicles sector.
In June, China launched an anti-dumping investigation into pork imports from the bloc in response to an application submitted by a local trade grouping on behalf of domestic producers.
The Iberian nation is the European Union's largest exporter of pork products to China, selling more than 560,000 tonnes last year totalling 1.2 billion euros ($1.3 billion), according to industry body Interporc.
- 'Fair trade' -
On Monday, Sanchez called for Madrid and Beijing to defend what he called a "fair trade order".
"We must work together to resolve differences through negotiation, in a spirit of dialogue and collaboration, and within multilateral frameworks," he wrote on social media after meeting Xi.
China and the European Union have butted heads in recent years on a range of issues relating to trade, technology and national security.
Brussels has launched a raft of probes targeting Chinese subsidies for solar panels, wind turbines and trains.
But it faces a delicate balancing act as it tries to defend Europe's crucial auto industry and pivot towards green growth while also averting a showdown with Beijing.
On Wednesday, the president of an EU business lobby in Beijing said overcapacity of Chinese electric vehicles was among the top concerns facing European firms in the country.
The risks of doing business in China are "mounting and the rewards (are) seemingly decreasing", the EU Chamber of Commerce said in a position paper Wednesday.
"Many investors are now confronted with the reality that the problems they are facing in the China market may be permanent features," said the Chamber, which drew on the views of the more than 1,700 EU firms operating in the country.
"A substantial strategic rethink" may now be required, it warned.
A European Commission official has said the EU executive remained "open" to resolving the trade dispute without resorting to tariffs -- but that "it's very much up to China to come up with alternatives".
Beijing has so far filed an appeal against the measures with the World Trade Organization -- which Brussels has acknowledged while voicing confidence the tariffs are WTO-compatible.
H.Gerber--VB